Donald Trump would erect a 10 per cent tariff wall on everything if he returns to the White House. That sets up a clash with an equally myopic Beijing.
This year might bring one thing that changes everything: the return of Donald Trump to the White House. There is no political textbook in which the Western world’s anchoring nation since 1945 becomes unmoored like this. It would not be the fluke of 2016. Americans would be re-electing with open eyes a man with a bad case of dictator envy, currently facing 91 criminal charges, and who tries to overturn any election he loses.
The Australian Financial Review’s succinct take on the principles at stake in major domestic and global stories – and what policy makers should do about them.
